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If you're thinking of retiring abroad, InternationalLiving.com has the place for you: Ecuador. The site has ranked the country No. 1 for US and Canadian retirees for the fifth year in a row, Reuters reports. That's thanks to "a welcoming culture, the great weather, the affordability, and its proximity to the United States," says a site editor. Living expenses in the country are between $900 and $1,400 a month.

In Ecuador, a beer costs 85 cents, while a doctor's appointment is $25. What's more, seniors get half-price entertainment and transportation. The site analyzed the most popular countries for retirees from the US and Canada. Panama was second on the 22-country list, which also factored in infrastructure for retirees and ease of integration. Malaysia, Mexico, and Costa Rica also made the top five. Click through for more from the list.

IMO best Country to retire to is Iceland so long as your not brown colored. That is their preference, I could not care less what coloration anyone is.

A.D.

Jan 5, 2013 10:31 AM CST

I am laughing so hard I can't contain my laughter. Are AMERICANS that stupid or do they just try hard? How can any American talk about crime in Ecuador, Mexico or anywhere in the world for that matter. I have lived abroad for 14 years and whenever I go home to California I shiver at how many murders occur in Los Angeles County alone every single day. True, Mexico can be pretty violent, but then again...it's not all Mexico. The USA has got to be one of the most violent nations in the world. Also, now that I can compare, it is amongst the most racist. So please...before you babble nonsense - get the facts straight. Ecuador vs. the USA...the USA is 100 times more dangerous.

LILLYBEAN1

Jan 4, 2013 11:18 PM CST

ARE THESE PEOPLE FOR REAL! ECUADOR, COME ON ! ECUADOR ON IT'S BEST DAY COULDN'T COME CLOSE TO THE US ON IT'S WORSE DAY. NONE OF THESE COUNTRIES COULD. RETIRE ABROAD ,YEA RIGHT,